Issue 14

Oil & Gas

• Libya Crude Output Hits 12-Year High As Producers Eye Further Gains

Corporate

• China’s UEG: Iraq Ever-More Dominant Amid Output Records

OPEC

• US Pulls Ahead As Top LNG Producer With Record Exports
• Opec+ Accelerates Production Cuts As US ‘Liberation Day’ Slams Markets
• Kurdistan Gridlock Raises Risk Of US Sanctions On Iraq’s Oil Sector

Refining & Petrochemicals

• Iraq Targets 1.54mn B/D Refining Capacity With Relaunch Of 150,000mn b/d Missan Plans
• Israel Oil Stats: Demand Down, At Least On The Surface

Power & Water

• Saudi Arabia Commissions Shuaibah-3 RO Desalination Plant

Economics & Finance

• Oman Renewable Power Generation Faces Uphill Battle Against Gas Dependence
• Kuwait Debt Law Breakthrough: A New Era For Investment?

News In Brief

• Kurdistan Set For 2026 Gas Boost
• Shell Quits Mauritania As Tortue Timeline Slips
• Oman Block 12 Wells Come Up Dry
• Taqa Awarded Abu Dhabi Gas-Fired Power Plant
• Kuwait Curbs Power Supply Ahead Of Summer Peak
• Crude OSPs ($/B): Iran Cuts April Prices In Line With Saudi

Op-Ed & Documents

• From Facts To Feelings: The Role Of Data, Narrative & Sentiment In Oil Markets

Selected Data

• Benchmark Crude Prices ($/B)
• Suez Canal Traffic & Revenues Remain At Multi-Decade Lows